KOLD uptrend inside uptrend inside uptrend and possible going up

2023년 3월 29일

The oversold KOLD presents us with an interesting pattern of 3 uptrends inside each other on the 15 min chart, coming from a daily reversal.
The zone on the analysis is located in a sweet spot, giving us the opportunity for a first target at 5:1 and second target over 10:1. Even more if we're wanting to be patient and wait for the breakout the weekly resistance.

Risk: 0.76 per share
Shares: 131 ($100 total risk)
Target 1: 75.43
Target 2: 80.91

I will take the trade a second time if price hits stop loss and goes back up in the trade direction, as price crosses entry point going up. There's a second zone sitting right below the first one.

2023년 3월 29일

액티브 트레이드

Hit stop loss on its way down, so I took the trade a second time. Took some profit @74.72 and moved stop to BE. Letting the trade play now up to the 5:1 target.

2023년 3월 29일

거래청산: 스탑 닿음

B/E hit - small profit on the trade.